Should you hold Romeo power (RMO) stock?
The consensus among Wall Street analysts is that investors should "hold" Romeo Power stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RMO, but not buy additional shares or sell existing shares. View analyst ratings for Romeo Power or view top-rated stocks.
Where can I buy shares of RMO?
Shares of RMO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
What does RMO stand for?
LOS ANGELES, November 15, 2021--Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the third quarter ending September 30, 2021.
What are Romeo power's (Romeo) stock price targets for the next 12 months?
4 brokers have issued twelve-month price objectives for Romeo Power's shares. Their forecasts range from $4.00 to $9.00. On average, they anticipate Romeo Power's stock price to reach $5.93 in the next twelve months. This suggests a possible upside of 61.4% from the stock's current price.
Is RMO a good stock to buy now?
Romeo Power Inc (NYSE:RMO) The 1 analysts offering 12-month price forecasts for Romeo Power Inc have a median target of 1.80, with a high estimate of 1.80 and a low estimate of 1.80. The median estimate represents a +246.09% increase from the last price of 0.52.
Why is RMO dropping?
Shares of Romeo Power (NYSE: RMO) are sinking amid a day of sell-offs for the broader market. In addition to bearish pressures impacting the market, Romeo Power stock also seems to be losing ground due to a recently announced change for its management team.
Is RMO undervalued?
Certainly, compared to companies like NKLA and TSLA, RMO is undervalued; however, there has yet to exist fundamental progress at NKLA or RMO that may justify their current equity valuations, in my view - the market capitalizations of these companies are likely driven more by retail investor sentiment and hype around ...
Should I sell Romeo power?
2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Romeo Power in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Romeo Power stock.
Does Tesla use Romeo power?
Our Story. Romeo Power is on a mission to power the world's transition to electrification. Romeo Power was founded in 2016 by a team of former Tesla and SpaceX engineers with a vision to create an electrified world where all have access to clean energy.
Who invested in Romeo power?
Investment will be used to scale production and enable industry partnerships. INDIANAPOLIS, IN – August 2, 2019 – HG Ventures today announced its investment in Romeo Power Technology, an industry leader in sustainable power systems for electric vehicles (EV).
What does RMO stand for?
RMOAcronymDefinitionRMORegional Medical OfficerRMORecords Management OfficeRMORocky Mountain Orthodontics (Denver, CO)RMORegistered Medical Officer (UK)37 more rows
What does RMO stand for in business?
For corporations, the qualifying individual is known as either the responsible managing employee (“RME”) or, if an officer, the responsible managing officer (“RMO”).
Is Romeo power a buy now?
ROMEO POWER Stock Forecast FAQ Out of 1 analyst, 0 (0%) are recommending RMO as a Strong Buy, 0 (0%) are recommending RMO as a Buy, 1 (100%) are recommending RMO as a Hold, 0 (0%) are recommending RMO as a Sell, and 0 (0%) are recommending RMO as a Strong Sell.
Will Romeo Power stock go up?
Romeo Power holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks....Predicted Opening Price for Romeo Power, Inc. of Monday, July 25, 2022.Fair opening price July 25, 2022Current price$0.54$0.52 (Undervalued)
Is Romeo power a good company?
Romeo Power has an overall rating of 2.8 out of 5, based on over 79 reviews left anonymously by employees. 36% of employees would recommend working at Romeo Power to a friend and 38% have a positive outlook for the business.
How much is Romeo power?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Romeo Power net worth as of July 22, 2022 is $0.08B.
Recently Viewed Tickers
Romeo Power Inc
Visit a quote page and your recently viewed tickers will be displayed here.
When will Romeo Power release its earnings?
Romeo Power, Inc. is an energy technology company delivering large-scale electrification solutions for complex commercial applications. It operates through the Romeo Power North America and Joint Venture Support segments.
How much does Romeo Power make?
Romeo Power is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021. View our earnings forecast for Romeo Power.
Is Romeo Power a hold?
How much money does Romeo Power make? Romeo Power has a market capitalization of $948.55 million and generates $8.97 million in revenue each year. The company earns $-7,620,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis.